Brexit causing Estate Agency Staffing Problems

United Kingdom – The estate agency industry is in a staffing dilemma because of the continuing uncertainty over Brexit and its effect on the housing market. That’s the claim from the founder of the UK’s longest-established estate agency recruitment consultancy. Your Property Angels Attorney Realtor Partner will advertise and sell your property, offer you exclusive …

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Estate Agency closes due to Online Competition

England – An award-winning Plymouth estate agent has closed its city centre base seven years after opening it as the industry is rocked by a triple threat from online competition, a stagnant property market and cuts to letting fees. Your Property Angels Attorney Realtor Partner will advertise and sell your property, offer you exclusive professional …

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Cape Town residents irate with Property Rates

The Cape Town city council has received thousands of objections to municipal property valuation increases of more than a third on average – but in some cases as high as 100%. There is also expectations that more objections will flow in faster as the end of month deadline for objections approaches. It is always last …

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Real estate companies sued over text message spam

USA – Agent cold calls have come under attack recently and now their text message equivalent are also under scrutiny. Two Florida law firms have teamed up to file lawsuits against three real estate companies of very different sizes: Coldwell Banker Residential Real Estate, which is owned by Realogy subsidiary NRT and has more than …

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Property owners face steep tax increases

Australia – A bull run in Melbourne’s commercial real estate values over the last five years has caused a sharp rise in land tax assessments arriving in landlords and property owners’ mailboxes, rattling many investors. long with stamp duty, land tax is one of the Victorian treasury’s biggest revenue sources, expected to contribute $3.1 billion …

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The priciest estate agents are most likely to overvalue

United Kingdom – Big estate agencies more likely to mislead sellers about property values. Homeowners could be tricked into paying higher rates of commission due to expensive agents misleading them over their properties’s values. The estate agencies most commonly overvaluing properties (saying they’re worth more than they really are in order to win business) are …

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